Question
Dixie Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 30%,
Dixie Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 30%, standard tapered candles 60%, and large scented candles 10%. The contribution margin ratio of each candle type is shown below. Candle Type Contribution Margin Ratio Birthday 20% Standard tapered 30% Large scented 40% What is the weighted-average contribution margin ratio? (Round answer to O decimal places, e.g. 15.) Weighted-average contribution margin ratio % eTextbook and Media If the company's fixed costs are $438,760 per year, what is the dollar amount of each type of candle that must be sold to break even? Total break- even point $ Birthday $ +A Standard tapered $ Large scented
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